Here is the official press release. You can see for yourself the complexity of this series of financial. transactions, which extend AMC debt maturities from 2026 instead to 2029 and 2030.
Stunningly good AMC news: We successfully refinanced $1.6 billion of debt (with a plan for up to $850 million more). Was due to be repaid starting in 21 months. Now maturity dates extended to 2029 & 2030. We get years of added breathing room to build, grow and strengthen AMC.
SS sniper allegedly had him in his sights for three minutes?
The number one lead everyone should be following up on right now to discover if this is true and where this man is now:
Read the fine print at the bottom
GameStop Annual Shareholders Meeting Today. Per $GME and their Transfer Agent "If you hold your shares in Robinhood you can join as a guest" you are not considered a Stockholder.
A lot of you are pointing out that the incredible retail response to the CAT being threatened was what made the difference here, and I completely agree. Whatever excuse is being spread as rumors, what matters is that you called and wrote your reps, and helped protect the CAT. They obviously had the language ready to go and the rider made its way into the bill. Get ready, because it'll be needed again pretty soon!
Dilution is not neutral and shouldn't be viewed as such. It's either positive or negative, good or bad.
In the world of VC-backed companies, dilution is such a normalized part of the journey that it is often passively accepted. This often leads to the negative form of dilution such as capital raised for:
-inefficient sales and marketing spend
-R&D supporting technology searching for a market
-layers of unnecessary organizational overhead
-supporting broken business models
-vanity valuations
-etc...
However, dilution has a positive and accretive expression as well such as capital raised for:
-scaling efficient go-to-market efforts
-product and channel expansion with clear ROI
-deleveraging and strengthening the balance sheet
-accelerating market share gains for a sound business model
-transformative investments (e.g. M&A, R&D, capex)
-etc...
Therefore, dilution should neither be passively accepted nor should it be categorically prohibited. It shouldn't be viewed as always positive or always negative because it can be either. The purpose and quality of the use of capital is what ultimately defines the merit of any dilution.